Washington, DC - In response to the announcement by the White House of new regulations governing travel and remittances to Cuba, NFTC Vice President Jake Colvin released the following statement:

“Today’s announcement is a welcome and long-overdue step in the right direction for U.S. Cuba policy. The changes to U.S. regulations will permit more contact between Americans and Cubans, which is good for both. Americans will be able to travel to Cuba for a greater variety of academic, religious and cultural reasons to act ambassadors in a country where official contacts have yet to be normalized.

“NFTC has long maintained that the President has the ability to make significant changes to the rules governing U.S. Cuba policy. Today’s announcement is an example of both the ability and willingness of the Obama Administration to realign Cuba policy with the interests of American citizens and the Cuban people. We hope the Administration and Congress will take additional steps over the coming months to further restore the ability of Americans to travel and trade with Cuba.”

To coincide with the announcement, NFTC and USA*Engage released a timeline of recent activity on Cuba highlighting increasing momentum to change policy.

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About NFTCAdvancing Global Commerce for Over 95 Years - The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York. Follow us on: